Whitepaper - BIONIC · TOKEN SALE TOKEN ... the receipt of goods or services. However, with smart...
Transcript of Whitepaper - BIONIC · TOKEN SALE TOKEN ... the receipt of goods or services. However, with smart...
BIONIC
BIONIC WHITEPAPER Copyrights © 2018
INTRODUCTION
➢ WHAT IS CRYPTO CURRENCY ALL ABOUT
➢ BLOCKCHAIN
➢ SMART-CONTRACT
➢ WHY BLOCKCHAIN IT WAS ADOPTED FOR BIONIC?
WHAT MAKES BIONIC UNIQUE
BIONIC GOALS
SALES PROCESS FOR BNC TOKENS
➢ TOKEN SALE
➢ TOKEN DISTRIBUTION
➢ PRE-ICO
➢ ICO
➢ TOKEN ALLOCATION
➢ TOKEN SALE DISTRIBUTION
BIONIC ROADMAP
BIONIC TEAM
IMPORTANT NOTICE
➢ Minimum investment during the ICO
➢ Transfer of BNC tokens after the ICO
➢ Refund and Cancellation
➢ Use of Private Data
➢ Security
Risk Factors
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
INTRODUCTION
➢ WHAT IS CRYPTO CURRENCY ALL ABOUT
Each Blockchain is associated with a cryptocurrency (also called a token). The
most well-known is the Bitcoin, a currency invented by Satoshi Nakamoto in 2008.
Today, there are several hundred different digital currencies.
They all share the common trait of being a virtual means of exchange, not based
in any single state, as opposed to the Dollar or the Euro. They circulate via peer-
to-peer networks, based on cryptographic algorithms, and are not necessarily
intended as a payment system between users.
The number of units in circulation and the maximum money supply are defined in
advance and visible to all. Until proven otherwise, cryptocurrency cannot be
counterfeited or stolen.
It is possible today to define several separate families of cryptocurrency, which
are adapted to the objectives of the communities who use them:
▪ “Infrastructure” currency: the type of currency likely to bring about the
most profound changes, whose ambition goes far beyond being a simple
means of payment, and which has the objective of offering a real
alternative to the existing financial system. Examples: Ethereum, NXT,
Ripple...
▪ “Social” currency: currency created to allow the easy exchange of small
financial amounts between web users (“social tipping”), on existing social
networks in particular.
▪ Alternative currency: broadly inspired by Bitcoin, these currencies attempt,
via technical innovation, to function either more easily, more securely or
more rapidly, for example by reducing transaction verification times. o
Examples: Litecoin, Digibyte...
▪ Anonymous currency: currency created solely to serve as a purely
anonymous means of payment, protecting both the user’s identity as well
as their transactions. o Examples: Monero, Bytecoin…
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
➢ BLOCKCHAIN
The blockchain is a software innovation for establishing digital trust between
users facilitating transactions of value, over a network. The blockchain enables
trust to be distributed throughout a network, without the need for a central
intermediary to track, verify and approve the digital exchange of value. The
notion of authorizing trust from a central intermediary currently underpins both
private and government institutional structures, however this is proving to be
costly, slow, and also vulnerable to attack. The blockchain overcomes these issues
by operating as a decentralized distributed database, maintaining a continuously
growing list of records called blocks.
➢ Smart Contracts
On-chain computer code or "Smart Contracts" are computer protocols that
facilitate, verify, and enforce the performance of a contract making a contractual
clause unnecessary. Smart contracts often emulate the logic of contractual
clauses. Smart contracts can exchange money, property, shares or anything of
value in a transparent, conflict-free way, while avoiding the services of a
middleman. Ordinarily, a process would require payment to a middleman,
government agency, bank, lawyer or a notary, and then a processing time before
the receipt of goods or services. However, with smart contract technology it can
all be automated. Smart contract technology can be compared to an automated
vending machine. With a vending machine, money is deposited into the machine
and the desired item drops for collection, if the correct amount is deposited. In
comparison, with a smart contract, the money is deposited into escrow on the
blockchain for a receipt of a transfer of a token (e.g. a digital certificate of title for
a house), which is instantaneously transferred into a counterparty’s control once
the conditions are met. Smart contracts not only define the terms and conditions
around an agreement in the same way that a traditional contract does, but it also
provides enforcement of those obligations.
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
➢ WHY BLOCKCHAIN IT WAS ADOPTED FOR BIONIC?
BIONIC is built to operate on blockchain technology and it will be available on a
blockchain. BIONIC will be accessed as a DApp (Distributed Application). Our core
reason of adopting blockchain technology in the development of BIONIC is to
provide a decentralized infrastructure that is stable, secure and completely scam
free for all the involving parties. This also helps in achieving our set goal of
community-based system, which builds community spirit and make them the
chief controller of the market environment.
These are the reasons why BIONIC (BNC) is built on blockchain technologies are:
i. Third party interference:
It enables two participating parties to make a secured exchange without the
oversight or intermediation of a third party, therefore reducing, or totally
eliminating counterparty risk.
ii. Empower the BIONIC community of users:
Users are in control of all their information and transactions, therefore the
market environment is totally determined by the community and not by one
central entity.
iii. Durability, Reliability, and Longevity:
Thanks to the decentralized networks, blockchain does not have a central point of
failure and is better able to withstand malicious attacks.
iv. Clearness and immutability – Nothing hidden:
Any alterations made to public blockchains are viewable by all parties, this creates
transparency, and all transactions are immutable, this means that it cannot be
altered or deleted.
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
WHAT MAKES BIONIC UNIQUE?
BIONIC provides a secured platform for storing and processing digital
transactions in a secure and transparent way – absolutely SCAM FREE.
Our system is based on the Ethereum blockchain application platform
implemented by Private Instant Verified Transaction. Our protocol does
what Bitcoin cannot do, it converts publicly viewable PIV into
anonymous PIV therefore, whenever users want to spend his/her token
i.e. sending from User A to User, the token will be received without
history of where the PIV originated from.
BIONIC GOALS
BIONIC is aimed at building a formidable and stable digital currency
platform whereby the transactions between electronic companies can
be simplified.
Electronic companies can buy any electronic device using BIONIC,
Creating new electronic market
- Simplify the financial transactions between electronic companies.
- Make any electronic device able to buy using BIONIC.
- Lead the electronic world market.
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
SALE PROCESS FOR BNC TOKENS
The BIONIC token smart contract is programmed to mint up to 1Billion
compliant tokens. The mint token function will create the designated
number of tokens and transfer them to the ETH address provided. After
the ICO, no other BNC tokens will ever be minted, and all unsold tokens
will be burned. The token contract specifications:
● Address: 0xef51c9377feb29856e61625caf9390bd0b67ea18
● Symbol: BNC
● Decimals: 8
● Total supply: 1,000,000,000 BNC
➢ TOKEN DISTRIBUTION
➢ TOKEN SALE
To facilitate the development of the platform, BIONIC will launch a
public Initial Token Offering (ICO). Participants will be able to contribute
to the ICO using ETH.
● Token Name: BIONIC
● Total Sale Supply: 300, 000, 000 BNC
● Soft cap: 2,000,000.00 $
● Hard cap: 6,000,000.00 $
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30% ICO
300,000,000 BNC
10% Team
100,000,000 BNC
22% Reserve
220,000,000 BNC
10% Bonus
100,000,000 BNC 25%
Airdrop
250,000,000 BNC
3% Bounty
30,000,000 BNC
BIONIC
BIONIC WHITEPAPER Copyrights © 2018
➢ Airdrop
The BIONIC offer BNC tokens to make free airdrop (NO PRE-SALE)
250,000,000 BNC for free.
● Supply: 250,000,000
● Percentage: 25.00%
● Inscription in Airdrop: 23-03-2018 to 24-04-18
● Start: July-2018
● Duration: depends registrations
● Reach: 5000 to 15.000 persons
● Each one will get: 15,000-25,000 BNC
➢ ICO
BIONIC will offer the remaining 300,000,000 BNC tokens a month after
the private sales. The soft cap for the main/public ICO is 6,000,000.00$.
● Supply: 300,000,000 BNC
● Price: 0.02$
● Minimum Contribution: 50.00$
● Maximum Contribution: 100,000.00$ (for contributions larger
than the maximum amount, please contact Support@bionic-
coin.io for proper processing and bonus allocation).
● Start ICO: June-2018
● Duration: 45 Days
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
➢ TOKEN ALLOCATION
The funds raised during the ICO will be employed in the
achievement of our objectives.
All the funds will be distributed to finance the following activities:
▪ Development of our intelligent assistant and web & mobile
platforms.
▪ Financing operational needs.
▪ Financing marketing and advertising.
▪ Legal and accounting support.
▪ Payment of external services (partner companies, API services).
FUNDSRAISED
60% DEVELOPMENT
20% GENERAL OPERATIONS
10% MARKETING
5% PARTNERS SERVICES
5% LEGAL OPERATIONS
A part of BNC tokens will be allocated to
develop the project.
A part of BNC tokens will be reserved for
company operations.
A part of BNC tokens will be reserved for
legal operations.
A part of BNC tokens will be used to
promote BIONIC project.
A part of BNC tokens will be allocated to
pay our partners services.
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
➢ TOKEN SALE DISTRIBUTION
250,000,000 BNC Token will be Reached for free after a 30-day period
beginning on MARCH 23, 2018 at 12:00 UTC in Airdrop event.
The remaining 300,000,000 BNC Token will be distributed after ICO
event that will start on 04-2018 at and ends 06-2018.
BIONIC ROADMAP
ROADMAP
June 2018
Launching of BIONIC (Airdrop - ICO period).
September 2018
Develop a windows Wallet and
Listed on Exchange (Binance,
Coinexchange, Liqui...) and will be
on Coinmarketcap Target: Top 250
on CMC.
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
October 2018
Android / IOS wallets
Target: Top 200 on CMC
May 2019
Bionic Special Event Target: Top
150 on CMC.
July 2019
Build our exchange platform
including BNC / BTC, BNC / ETH
Target: Top 100 on CMC.
September 2019
Partnership contracts with
electronic companies (Google / LG
/ Apple / Samsung ...) Target: Top
50 on market cap.
March 2020
More features (Partnership with
banks and create our Bionic
Mastercard).
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
BIONIC TEAM
B.Ali
Engineer Blockchain and Smart Contract in Bionic Project
M.Taher
Founder of Bionic Project
M.Lakhdar
Designer in Bionic Project
J.khalid
Web Developer
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
IMPORTANT NOTICE
➢ Minimum investment during the ICO
The minimum purchase amount to participate in the ICO is fixed at: 50.00$ BNC per participant.
➢ Countries allowed to Invest
All countries are allowed to invest except for USA.
➢ Transfer of BNC tokens after the ICO
All BNC tokens will be sent to the investors after the period of the PRE-ICO and the ICO.
➢ Refund and Cancellation
No refunds will be available, as a cryptocurrency payment is sent by the user during the BNC tokens sale operation.
➢ Use of Private Data
The private data collected during registration as well as the data linked to the BIONIC platform use and its services are the property of the company. The data may be used for analytical purposes, to provide better results for users and to improve our artificial intelligence system. Nevertheless, the society undertakes to neither use this information for commercial research nor to sell this information for use by other companies. Please refer to the legal notices below for more information.
➢ Security
The security of our user platform is at the heart of our concern. That’s why our company will regularly have our services audited by global security experts and by partners. The platform’s web security and that of your personal data is reinforced thanks to the services of partners specialized in hosting and informational security.
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BIONIC
BIONIC WHITEPAPER Copyrights © 2018
Risk Factors
The risks factors (risks percentage: 1%) relating to the business model and to the Token Sale event are as follows:
● BIONIC might not reach the target sale amount, which might affect the execution of the planned roadmap.
● The BNC token might be influenced and depreciate in value due to external events.
● Unforeseen regulation might limit the use of the BNC token (either locally or globally).
● BIONIC required complex development of software and algorithms, the development of which might be delayed due to unforeseen barriers.
● Digital content distribution, copyright protection and IP management are a lucrative market share that is growing. Competitors might introduce same or better solution that might affect BIONIC’s market share.
● BNC tokens might come under new taxation laws.
● BIONIC may not succeed in driving enough adoption of the BIONIC platform by the community.
● The positions and plans described may be modified based on the project’s progress.
ATTENTION
Only following official websites and links represent BIONIC project. Any other websites and links published anywhere are fictitious. Check carefully all the links and avoid phishing scam!
OFFICIAL WEBSITE: bionic-coin.io
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